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HomeMy WebLinkAbout2026-06-08 Order Confirming 2nd Amended Disclosure StatementCase 24-11647-MFW Doc 1163 Filed 06/08/26 Page 1 of 3 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: SILVERROCK DEVELOPMENT COMPANY, LLC, et al., Debtors.' Chapter 11 Case No.: 24-11647 (MFW) (Jointly Administered) Ref. Docket Nos. 904, 905, 951, 955,1040, 1111 & 1152 NOTICE OF (I) ENTRY OF ORDER CONFIRMING SECOND AMENDED COMBINED DISCLOSURE STATEMENT AND CHAPTER 11 PLAN OF LIQUIDATION OF SILVERROCK DEVELOPMENT COMPANY, LLC AND ITS DEBTOR AFFILIATES AND (II) OCCURRENCE OF EFFECTIVE DATE PLEASE TAKE NOTICE THAT: Entry of Combined Order. On May 21, 2026, the United States Bankruptcy Court for the District of Delaware (the "Court") entered the Findings of Fact, Conclusions of Law, and Order (I) Approving on a Final Basis and Confirming the Second Amended Combined Disclosure Statement and Chapter 11 Plan of Liquidation of SilverRock Development Company, LLC and its Debtor Affiliates; and (II) Granting Related Relief [Docket No. 1152] (the "Combined Order"), approving on a final basis and confirming the Second Amended Combined Disclosure Statement and Chapter 11 Plan of Liquidation of SilverRock Development Company, LLC and its Debtor Affiliates, dated May 12, 2026 [Docket No. 1111 ] (the "Combined Disclosure Statement and Plan" ).2 Effective Date. Each of the conditions precedent to the effectiveness of the Combined Disclosure Statement and Plan has occurred or been waived in accordance with Article XIII of the Combined Disclosure Statement and Plan, and the Combined Disclosure Statement and Plan became effective and was substantially consummated on June 5, 2026 (the "Effective Date"). The Combined Disclosure Statement and Plan and its provisions are binding on the Debtors, any Holder of a Claim or Interest, and such Holder's respective successors and assigns, whether or not the Claim or Interest of such Holder is Impaired under the Combined Disclosure Statement and Plan, and whether or not such Holder voted on the Combined Disclosure Statement and Plan. ' The Debtors in these chapter 11 cases, along with the last four digits of each Debtor's federal tax identification number, as applicable, are: SilverRock Development Company, LLC (5730), RGC PA 789, LLC (5996), SilverRock Lifestyle Residences, LLC (0721), SilverRock Lodging, LLC (4493), SilverRock Luxury Residences, LLC (6598) and SilverRock Phase I, LLC (2247). The location of the Debtors' principal place of business and the Debtors' mailing address is 343 Fourth Avenue, San Diego, CA 92101. z Capitalized terms used but not defined herein are defined in the Combined Disclosure Statement and Plan or the Combined Order, as applicable. Case 24-11647-MFW Doc 1163 Filed 06/08/26 Page 3 of 3 Court; provided, however, that the Settling Creditors shall be excused from the above requirement to file a renewed request to receive documents pursuant to Bankruptcy Rule 2002. After the Effective Date, the Litigation Trustee is authorized to limit the list of Persons and Entities receiving documents pursuant to Bankruptcy Rule 2002 to those who have Filed such renewed requests and the Settling Creditors. Copies of the Combined Order and the Combined Disclosure Statement and Plan. Copies of the Combined Order, the Combined Disclosure Statement and Plan, and the Plan Documents are available for review free of charge on the website maintained by Reliable Companies d/b/a Reliable, the Debtors' Claims Agent, at https://www.bankruptcy- claims.com/silverrock/ or for a fee on the Court's electronic docket at the address https://ecfdeb.uscourts.gov. Dated: June 8, 2026 WILSON SONSINI GOODRICH & ROSATI, P.C. Wilmington, Delaware /s/ Catherine C. Lvons Erin R. Fay (No. 5268) Shane M. Reil (No. 6195) Catherine C. Lyons (No. 6854) 222 Delaware Avenue, Suite 800 Wilmington, Delaware 19801 Telephone: (302) 304-7600 E-mails: efay@wsgr.com sreil@wsgr.com clyons@wsgr.com -and- LAW OFFICES OF BENJAMIN M. CARSON, P.C. Benjamin M. Carson (admitted pro hac vice) 5965 Village Way, Suite E105 San Diego, California 92130 Telephone: (858) 255-4529 E-mail: ben@benjamincarson.com -and- Victor A. Vilaplana (admitted pro hac vice) 823 La Jolla Rancho Road La Jolla, California 92037 Telephone: (619) 840-4130 Email: vavilaplana@gmail.com Counsel to the Debtors and Debtors -in -Possession 3